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Mirabaud Asset Management cut its Mastercard holdings by 10%, despite the company's strong quarter and "Moderate Buy" rating.
Mirabaud Asset Management Ltd reduced its holdings in Mastercard by 1,333 shares in the fourth quarter, now owning 11,996 shares, a 10% decrease.
Mastercard's recent quarter showed strong performance with an EPS of $3.82, beating estimates.
The company has a "Moderate Buy" rating and an average price target of $606.11.
Mastercard provides transaction processing and payment-related services globally.
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Mirabaud Asset Management redujo sus participaciones en Mastercard en un 10%, a pesar del fuerte trimestre de la compañía y la calificación de "Compra Moderada".